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me. >> coming up, warren buffett exposes the dirty little money secret of fellow rich guys, rush limbaugh and bill o'reilly and big news. chris christie is running and later, think about this. who is more christ like? the brave defender of christmas or the actor writer director, is bill o'reilly or ricky gervais more christlike? tweet us your answer and it will be in tonight's rewrite. let's see if we can get one past the defense. hut! go! here it comes! right on the numbers! boom! get it! spin! oh, nice hands! chest bump. ugh! good job, man. nice! okay, halftime. now, this is my favorite play. oh! i'm wide open. oh, fumble. fumble. don't want to fumble any of these. [ male announcer ] share what you love, with who you love. kellogg's frosted flakes. it's up... and it's good! good?! they're grrreat! with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring ho
. >> thank you very much for joining me. >> coming up, warren buffett exposes the dirty little money secret of fellow rich guys, rush limbaugh and bill o'reilly and big news. chris christie is running and later, think about this. who is more christ like? the brave defender of christmas or the actor writer director, is bill o'reilly or ricky gervais more christlike? tweet us your answer and it will be in tonight's rewrite. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put the
with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senators lindsey graham, saxby chambliss, congressman peter king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amoun
think of warren buffett's proposal for a minimum income tax on high earners for people who are now paying so much less, paying what mitt romney paid, paying what warren buffett pays, 14 or 16%, because of capital gains and other investments, what about a minimum tax that would require them to pay 35%? >> the president has supported the buffet principle for a long time and his state of the union address last year, he supported buffet rule which would set a minimum tax for those who are the most wealthy. but we have a set of problems we need to address. and this requires a comprehensive solution and most importantly, we need to collect additional revenue from the most fortunate which includes raising tax rates to where they were during the clinton years. >> similarly, what about revisiting simpson-bowles? a lot of people are talking about the framework, a lot of work has been done, are there means testing, further means testing of medicare, for instance, or other kinds of delayed medicare enactment, you know, sliding the age, for instance, kicks in other ways to try to down the road
had warren buffett on the show yesterday. warren buffett said raising the top marginal tax rate to 39.6% wouldn't catch any of the top income earners in america. that it would not impact them at all. now why shouldn't republicans be focusing on that, the real political battle in washington today, instead of focusing on a battle they know they're going to lose, against a woman of color after they just got shellacked in the polls among people of color and females. why are they doing this? and, andrea, a bigger question, as we go to a new congress, is john mccain going to continue to have the disproportionate impact that he has on foreign policy in the republican senate caucus? mika and i talked to so many people over the past two, three years that say we want, republican senators, we want out of afghanistan but, you know what, we just sort of stay out of john's way. how many times have we heard that? >> a lot. it's disturbing. >> we hear it all the time. they stay out of his way. are they going to blindly follow and, again, i love and respect senator mccain, but i don't want my party to
on that point. do the markets care when you see the ceos and some of the wealthier people, including warren buffett today in the "times" saying, look, we have got to raise revenues by raising some taxes on wealthy individuals. we saw that from both buffet and radner, very prom negligent well-known financiers but ultimately endorsing what sounds like the obama position. do the markets look to those steps the way we do in politics and say this is more likely to get done or does it not work that way? >> look, the market is hanging on every single development in these negotiations. a couple of days ago leaders came out of the white house and said they had a pretty conciliatory meeting and everything seemed hunky dory at least in that one meeting and the market boomed. people are watching and waiting to see what's happened here. you've got a split on wall street. there are those folks who don't want to see tax increases no matter what under any circumstances ever. and then you have other folks like lloyd blankfein who said they don't mind tax increases on the wealthy as long as it helps us to ge
officials will behave like spoiled children, and warren buffett took the gop to school today, quote, let's forget about the rich and ultra rich going on strike and stuffing their ample funds under their mattresses if, gasp, capital gains rates and ordinary income rates are increased. the ultra rich, including me, says mr. buffett, will forever pursue investment opportunities. so he's calling for a minimum tax on millionaires and billionaires. will republicans listen? >> well, it's a sensible way. if we're going to have a deal, we will have to see some kind of compromise. a minimum tax on people making over $1 million a year can generate a half it trillion in a ten-year scale. if you include deductions you don't necessarily have to go to 39%. you can go to 37% if you are looking for compromise. but i think there's a bigger issue here as well, and that is the idea this is a slightly critical towards the democrats, the biggest issue that this country faces right now is getting us back to 4% economic growth, 3% or 4% economic growth and seeing wages increase right now. this whole idea that d
warren buffett are willing to do, some high income people. it seems to me that's the price of admissions. if the only thing they mean when they say deficit reduction is cutting entitlements, that's not about deficit reduction. it's about cutting entitlements. >> the same guys that are at the trough for a bailout are now experts what we ought to do with entitlement programs in this country. i find that amazing. then mr. blankfein, he throws out a scenario which is totally unrealistic. people don't have 25-year careers. they have 40-year careers is what they have. and construction people when they get in their early 50s and they've worked for 30 years, their bodies are broken down. >> exactly. >> what are they supposed to do? hang around for another 15 till medicare and medicaid show up? they're not even living in the real world. going after entitlements is basically paying lip service to the right wing. it's just romney 2.0. that's all it is. so what should liberals in this country be prepared to accept at this point as you see it? >> well, i really think that we should go back to the cli
Search Results 0 to 7 of about 8